Mar. 28, 2023
March 28, 2023 Disclosure of order execution information would be a valuable resource for the public, and expanding certain thresholds and definitions could allow information on orders that could be extremely relevant to assessing marketwide quality of execution information. Information about odd lots, and block orders is often discounted as irrelevant when in fact systematic collection could allow patterns to established in the data that may be representative of larger systemic issues that would be unavailable without disclosure and collection. By contrast the increased burden in reporting should be minimal, though consideration should be given to make the information requested simple to collect and provide.